PRP determinants
1. Profit of CPSE 2. Grade of Executives (E0 40% to CMD(A) 200%) 3. MoU rating of CPSE (Excellent 100% to poor 0%) 4. PAR rating of Executive (Excellent 100% to poor - 0% in a system based on PMS) 5. Remuneration Committee
Excellent
Very Good
100
80
Good
Fair
60
40
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Remuneration Committee
Each CPSE to have Professional Boards with Independent Directors. CPSE to constitute a Remuneration Committee headed by an Independent Director. No PRP, if there are no Independent Director on the Board of the CPSE. Remuneration Committee will decide the annual bonus/variable pay pool and policy for its distribution across Executives and Non Unionised Supervisors.
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DPE guidelines have further concretized the Performance Appraisal System for E 8 and above. CPSEs are expected to do this exercise for other levels. Weightage MoU Targets Individual targets flowing from MoU Targets Unit Personal Attributes and functional competencies Individual Total
What is being Assessed Designation Chief Executive Functional Director EDs(E9) & GMs (E8)
Company
75 40 25 35 50
25 25 25
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DPE Website
: www.dpe.nic.in
Contact details in case of any query on salary/wage related matters. Shri Rajendra Kumar, Director, DPE Telefax Email : 011 24360624 : rajendrakumar67@nic.in
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